In 2023, the luxury condo market saw a return to normalcy in many aspects, with buyers and sellers transacting at levels similar to their historical averages. However, the luxury market did outperform the overall market in terms of price. The following condominium buildings closed at least two sales while achieving the highest median price per square foot.
1. Aman New York
Situated at the prestigious intersection of Fifth Avenue and 57th Street, overlooking Central Park, Aman New York stands as Manhattan’s pinnacle of luxury. Formerly known as the Crown Building, this historic Art Deco tower has been transformed into the flagship hotel and residences of the esteemed Aman brand through a collaboration between OKO Group and Shvo. Originally built in 1921 as the Heckscher Building and home to iconic tenants like the Museum of Modern Art, the structure now embodies Aman’s serene ethos, curated by visionary architects and developers, including Jean-Michel Gathy of Denniston Architects. The property seamlessly combines hospitality with residential living, offering 85 suites atop the hotel and 20 exclusive private homes with access to the lavish 25,000-square-foot Aman Spa and gourmet dining experiences at Nama and Arva. With its private entrances, premium finishes, and exclusive amenities, Aman New York provides residents with a tranquil sanctuary amidst the vibrant energy of the city.
2. 15 Central Park West
15 Central Park West stands as an enduring symbol of luxury along Manhattan’s Central Park, crafted by Zeckendorf Development and envisioned by architect Robert A.M. Stern. Comprising two limestone-clad buildings seamlessly integrated into the city’s skyline, the residence offers 202 units, including 29 suites, adorned with amenities such as a private library and a serene landscaped garden with a reflective pool. Its continued prestige is evidenced by remarkable sales success, maintaining its allure even during economic downturns. 15 Central Park West remains an icon of timeless elegance, forever woven into the fabric of New York City’s prestigious landscape.
3. Mandarin Oriental Residences Fifth Avenue
Nestled on Fifth Avenue, Mandarin Oriental Residences embody refined living, boasting 65 units developed by Shvo Development. Marin Architects and MAWD have designed the historic conversion of the former Gucci headquarters, offering residents unparalleled access to Manhattan’s iconic landmarks and Central Park. With exclusive access to Boulud Privé and three floors of amenities, including a rooftop pool and spa, each turn-key residence blends modern finishes with timeless elegance. This fusion of old-world charm and contemporary luxury is emblematic of Mandarin Oriental’s global prestige, offering residents the legendary service the brand is renowned for.
4. 220 Central Park South
Located in the heart of New York City, 220 Central Park South, developed by Vornado Realty Trust and designed by Robert A.M. Stern and Thierry W. Despont, is a symbol of sophisticated urban living. This architectural masterpiece seamlessly combines classical pre-war design with contemporary elegance, clad in exquisite Alabama Silver Shadow limestone. Offering unparalleled views of Central Park, the building comprises 118 residences with meticulously curated amenities, including private dining rooms and a luxurious athletic club and spa. Each residence reflects a commitment to excellence with traditional materials, elegant finishes, spacious layouts, and unobstructed park views, epitomizing luxury living in Manhattan. Notably, the building holds the record for the highest-priced home ever sold in the US, with billionaire investor Ken Griffin acquiring a penthouse for $240 million in 2019, further solidifying its status as an iconic landmark of luxury living in New York City.
5. Central Park Tower
Central Park Tower, developed by Extell Development and designed by Adrian Smith + Gordon Gill Architects, is the world’s tallest residential tower, rising 1,550 feet above Manhattan’s Central Park. Every detail reflects meticulous craftsmanship, from its dynamic façade to the grand Lalique Lobby adorned with a monumental chandelier. The residences boast luxurious layouts with custom details, premium finishes, and New York City panoramic views. Central Park Tower also offers exclusive amenities at Central Park Club, overseen by lifestyle specialist Colin Cowie, including a 60-foot outdoor pool and Michelin-starred dining. With its prestigious location on Billionaires’ Row and proximity to Central Park, Central Park Tower redefines luxury living in New York City, offering 179 of the world’s most exclusive homes with unparalleled views, architecture, and service.
6. 443 Greenwich Street
443 Greenwich Street is a building that exudes timeless elegance and modern luxury. Originally constructed in 1882 by Charles Haight as a bookbindery, it was transformed into 53 condominium residences by Metro Loft Management. The building was designed by CetraRuddy Architecture, which seamlessly merges historic charm with contemporary elements and ultra-luxury finishes. The loft-style residences and penthouse apartments offer its residents a unique living experience. The building features a private motor court that ensures privacy, while a 4,000-square-foot interior courtyard offers a serene escape. Residents can enjoy amenities like a landscaped roof terrace, indoor pool, wine cellar, fitness center, and LEED-certified sustainability.
7. 70 Vestry Street
70 Vestry Street in Tribeca, developed by Related Companies and Ponte Equities, offers luxury living along the Hudson River Park with its 47 waterfront residences crafted by Robert A.M. Stern Architects and Daniel Romualdez. A gated porte-cochère and elegant courtyard welcome residents, leading to a double-height lobby adorned with bespoke furniture and art. Over 12,000 square feet of amenities include an 82-foot swimming pool, a fitness center by The Wright Fit, and social spaces like a café and billiards room. Residences, ranging from two to seven bedrooms, offer spacious layouts and upscale features, including fireplaces and terraces with panoramic river views.
8. 150 Charles Street
150 Charles Street in the West Village seamlessly combines modern luxury with the area’s historic charm, featuring 90 residences developed by the Witkoff Group and designed by Cookfox Architects with interiors by Alan Wanzenberg Design. Achieving LEED Gold certification, the building harmonizes sustainability with contemporary elegance, preserving the industrial character of the abandoned Whitehall warehouse while offering unobstructed Hudson River views. With over 30,000 square feet of landscaped space, including green rooftops and terraces, residents enjoy a serene oasis in the heart of the city. Honoring the neighborhood’s heritage while embracing modern comforts, 150 Charles Street represents a unique approach to luxury living, earning accolades like the AIA Housing Award and SARA NY Design Awards and becoming a true architectural gem in the West Village.
9. 90 Morton Street
90 Morton Street, formerly a printing factory, has been transformed into 35 luxury condominium residences by Barack Capital, Gottesman-Szmelcman, and LLS Architects. Combining classical architecture with contemporary design, each floor offers unique living experiences, with upper levels featuring redesigned panoramic vistas through cantilevered dormers and large-scale windows. Amenities like a 24-hour concierge, resident’s library, and rooftop terrace cater to every need, while the fitness center’s spa ensures ultimate relaxation. Thoughtfully designed to honor its West Village heritage while offering modern comforts, 90 Morton Street showcases a blend of history and sophistication that resonates throughout the vibrant neighborhood.
10. 520 Park Avenue
520 Park Avenue, a luxury development by Zeckendorf Development and designed by Robert A.M. Stern, offers 32 exclusive residences spread across 54 stories, promising unparalleled privacy and sophistication. Its grand elliptical gallery entrance sets the tone for the building’s elegance, complemented by amenities like a resident’s lounge, fitness center, and children’s playroom. Paying homage to New York’s historic architectural charm, 520 Park Avenue features a limestone facade and luxurious interiors, including master suites with expansive views of Central Park and the city skyline. The development offers easy access to Central Park and the Upper East Side’s cultural scene, making it an iconic landmark embodying timeless elegance and modern sophistication.
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